X Makes Its Premium+ Subscription Tier Fully Ad-Free Shortly After Suing Advertisers For Alleged Boycott

X on Thursday announced that Premium+ subscribers will now enjoy an ad-free environment across most areas of the platform, including the For You timeline, Following timeline, post replies, and profiles.

The Premium+ subscription, priced at $20 per month or $210 annually, offers this ad-free experience along with other perks such as the ability to write rich-text articles and receive the largest possible boost for replies. 

But of course, there’s a catch, it’s not really completely ad-free. The company notes that users might occasionally encounter “occasional branded content in less common areas.”

X owner Elon Musk has previously expressed a goal of generating 50% of X’s revenue from subscriptions, reducing the platform’s dependence on advertisers.

Speaking of which, the timing for this change is somewhat strange. X has recently filed a lawsuit against the Global Alliance for Responsible Media (GARM) and the World Federation of Advertisers (WFA), alleging a coordinated effort to steer advertisers away from the platform. This legal action comes amidst a reported 50% drop in ad revenue since Musk’s acquisition of the company in 2022.

Another concern, as pointed out by RawsAlerts, is if “verified accounts with the blue checks, including Premium Plus users, helped with ads” but now they won’t see any more ads, “how do users on this platform make ad revenue and get monetized now?”  



Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Moon River Moly: The Davidson Moly-Copper-Tungsten PEA

Integra: The DeLamar Heap Leach Feasibility Study

Highlander Silver: The Saviour Of Bear Creek Mining

Recommended

Silver47 Begins Drill Program At Mogollan Project In New Mexico Targeting High Grade Silver

Steadright Expects To Receive Mining License For New Copper Valley Project Within The Next Month

Related News

Elon Musk Moves SpaceX To Texas As He Continues To Whine About Delaware

Elon Musk has moved SpaceX, his space exploration company, from the state of Delaware to...

Thursday, February 15, 2024, 07:31:13 AM

Elon Musk Mocks BBC Investigation Into Rise of Trolling and Hate Speech on Twitter

“Sorry for turning Twitter from nurturing paradise into place that has … trolls,” Twitter owner...

Tuesday, March 7, 2023, 02:19:00 PM

Elon Musk Unveils xAI, His Answer to the ChatGPT AI Revolution

Tesla (NASDAQ: TSLA) CEO and Twitter owner Elon Musk is aiming to challenge major tech...

Wednesday, July 12, 2023, 02:52:12 PM

Elon Musk Reportedly Fires Twitter Engineer For Saying His Popularity Is Declining

Elon Musk, obsessed with how his Twitter engagement rate has plummeted, reportedly fired an engineer...

Friday, February 10, 2023, 10:21:00 AM

Everyone’s Cutting Ties With Kanye West, Maybe Even Donald Trump

Kanye West is running out of friends.  The rapper, who’s been in a long drawn...

Thursday, October 27, 2022, 04:41:00 PM